Question: A spare part is demanded infrequently, with the average time between demands being 6 weeks. Previous analysis has shown that the time between demands follows
A spare part is demanded infrequently, with the average time between demands being weeks. Previous analysis has shown that the time between demands follows a negative exponential distribution.
Simulate the next interarrival times, using the following stream of random numbers, starting at the leftmost number, and using fourdigit random numbers:
If a part has just been demanded, what is your simulated arrival time for the demand for the next part?
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